I deposited thousands of face value coins into bank.
Still have thousands FV coins with me for personal collection.
Problem on RCM FV coin program is not on collector or RCM's customers, it is on RCM to release million & million dollars of fv coins into the market and claim $20 coin exchange for $20 banknote, which customers can deposit back to bank as cash.
RCM is too greedy on FV CoIn Program by minting so many extra.....................
If RCM control FV coin with mintage 20,000 or 50,000 on EACH coin, instead of 200,000 pcs per coin. Things will be difference.
p.s. I am still holding around 50 pcs $20 Canoe. Sold 150 pcs $20 Canoe at cost to other coin forum's memberS.
The reps cracked down during the last year of the program. They placed limits on how many you could order. But, yes, in early years of program you could order as many as you want if you had a rep. I am sure that accounted for so many people in the higher MC tiers.
You had to have a super rep and spent eons before at the RCM for them to allow large purchases of these x for x coins, I don't think many collectors that could buy huge amounts where doing it just to jump MC tiers.
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